Federal lawmakers defeated the “Do Not Share” amendment by a 70-24 vote, which gave consumers greater control over their financial privacy.
The amendment, proposed by California Senators Dianne Feinstein and Barbara Boxer, which gave consumers the right to tell financial institutions not to share their personal information such as social security numbers, bank balances, credit […]

The California State Senate Tuesday approved a bill that is considered to be the strongest consumer financial privacy standard in the nation. The bill requires insurance companies, banks and other businesses to get customer permission before selling or sharing personal data with affiliates or third party companies for any purpose other than to complete a […]

The consumer advocacy group known as Californians for Privacy Now has collected over 300,000 signatures from registered voters in support of a March 2004 ballot measure that would require financial institutions to obtain a consumer’s explicit consent before selling or sharing their personal information with affiliates or third party companies for any purpose other than […]